Start-Up Costs and Fees |
||
| Closet & Storage Concepts | 5 Day Kitchens | |
| Investment | 96500 - 499000 | 88100 - 375600 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4 - 5% Sliding Scale |
| Advertising Fee | ||
| Year Founded | 1987 | 2008 |
| Year Franchised | 2000 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Closet & Storage Concepts | 5 Day Kitchens | |
| Experience | General business experience Marketing skills Strong sales background a plus | |
Financing Options |
||
| Closet & Storage Concepts | 5 Day Kitchens | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Closet & Storage Concepts | 5 Day Kitchens | |
| Training | Available at headquarters: 5 Days Corporate University. At franchisee's location: As needed. Sales training, 2 days; Operations & startup training, 3 days; Installation training: 5 days | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad slicks, Regional Advertising, Brochures, Catalogs, Coupons/Rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos, Website, Displays, Mobile Showrooms, Vehicle Wraps |
| Operations | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators). |
Expansion Plans |
||
| Closet & Storage Concepts | 5 Day Kitchens | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Canada, Mexico, | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | |
| Franchise Fee | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | |
| Royalty Fee | |
| Closet & Storage Concepts | 5% |
| 5 Day Kitchens | 4 - 5% Sliding Scale |
| Advertising Fee | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | |
| Year Founded | |
| Closet & Storage Concepts | 1987 |
| 5 Day Kitchens | 2008 |
| Year Franchised | |
| Closet & Storage Concepts | 2000 |
| 5 Day Kitchens | 2012 |
| Term Of Agreement | |
| Closet & Storage Concepts | 10 years |
| 5 Day Kitchens | |
| Renewal Fee | |
| Closet & Storage Concepts | Lesser of initial, current fee |
| 5 Day Kitchens | |
Business Experience Requirements |
|
| Experience | |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
| 5 Day Kitchens | |
Financing Options |
|
| Franchise Fees | |
| Closet & Storage Concepts | No |
| 5 Day Kitchens | No |
| Start-up Costs | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | |
| Equipment | |
| Closet & Storage Concepts} | |
| 5 Day Kitchens | |
| Inventory | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | |
| Receivables | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | |
| Payroll | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | |
Training & Support |
|
| Training | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | Available at headquarters: 5 Days Corporate University. At franchisee's location: As needed. Sales training, 2 days; Operations & startup training, 3 days; Installation training: 5 days |
| Support | |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 5 Day Kitchens | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation |
| Marketing | |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| 5 Day Kitchens | Ad slicks, Regional Advertising, Brochures, Catalogs, Coupons/Rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos, Website, Displays, Mobile Showrooms, Vehicle Wraps |
| Operations | |
| Closet & Storage Concepts | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| 5 Day Kitchens | 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators). |
Expansion Plans |
|
| US Expansion | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Closet & Storage Concepts | |
| 5 Day Kitchens | |
| International Expansion | |
| Closet & Storage Concepts | Canada, Mexico, |
| 5 Day Kitchens | Canada, |